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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: rubbersoul who wrote (11908)	11/26/2009 10:45:30 AM
From: Wade	Respond to of 48092

Take a look at this news. I would buy if it pulls back further: finance.yahoo.com First Majestic Silver Corp.: La Encantada Opening Ceremony & Production of First Silver Precipitates Press Release Source: First Majestic Silver Corp. On 9:00 am EST, Thursday November 26, 2009 Buzz up! 0 Print.VANCOUVER, BRITISH COLUMBIA--(Marketwire - 11/26/09) - First Majestic Silver Corp. (TSX:FR - News)(OTCQX: FRMSF)(Frankfurt:FMV - News)(WKN: A0LHKJ) is proud to announce that the new La Encantada cyanidation plant was inaugurated in a ceremony on November 19, 2009 in which the Mexican Federal Authorities, represented by the Lic. Ximena Valverde, 'Under Minister of Mines' (Coordinadora General de Mineria) declared that the new plant is officially open. This new plant has a total capacity of 3,500 tpd, with estimated annual production exceeding four million ounces of silver for an investment of under US$30 million. Production is expected to reach 2,000 tpd by the end of November and will be further increased to its 3,500 tpd capacity by year end. The filter presses were opened during the ceremony for the first time and represents the first silver precipitate production from this new plant. The first shipments of silver precipitate to the smelter are planned within a few weeks as commercially saleable quantities are accumulated. ..more